Contrary to popular belief, the federal holiday celebrated this Feb. 16 is not 'President’s Day' — the true name of the holiday, per federal law is 'Washington’s Birthday.' Congress should make it clear he is being honored.Contrary to popular belief, the federal holiday celebrated this Feb. 16 is not 'President’s Day' — the true name of the holiday, per federal law is 'Washington’s Birthday.' Congress should make it clear he is being honored.